Florida Senate - 2012                                     SB 100
       By Senator Siplin
       19-00014-12                                            2012100__
    1                        A bill to be entitled                      
    2         An act relating to unclaimed deposits held by
    3         utilities; amending s. 717.108, F.S.; requiring that
    4         any unclaimed deposits held by a utility be deposited
    5         annually into the Grants and Donations Trust Fund in
    6         the Department of Community Affairs, or its successor
    7         agency, to supplement the Low-Income Home Energy
    8         Assistance Program; providing an effective date.
   10  Be It Enacted by the Legislature of the State of Florida:
   12         Section 1. Section 717.108, Florida Statutes, is amended to
   13  read:
   14         717.108 Deposits held by utilities.—
   15         (1) Any deposit, including any interest thereon, made by a
   16  subscriber with a utility to secure payment or any sum paid in
   17  advance for utility services to be furnished, less any lawful
   18  charges, which that remains unclaimed by the owner for more than
   19  1 year after termination of the services for which the deposit
   20  or advance payment was made is presumed unclaimed.
   21         (2)The unclaimed deposits shall be deposited annually into
   22  the Grants and Donations Trust Fund within the Department of
   23  Community Affairs, or the Department of Community Affairs’
   24  successor agency, to supplement funds of the Low-Income Home
   25  Energy Assistance Program which are used to assist low-income
   26  households in meeting the costs of home heating and cooling
   27  bills. These funds shall be administered through the local
   28  provider agencies that administer the Low-Income Home Energy
   29  Assistance Program.
   30         Section 2. This act shall take effect July 1, 2012.